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According to the public record, 63, Wallace Road, Grays is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,315 ft2 of internal area and sits on a 448 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 63, Wallace Road, Grays is £447,582 and the estimated rental value is £2,071 per month.
Wallace Road, Grays, RM17 is located within the RM17 postal district.
63, Wallace Road, Grays has a single entry in the Land Registry from March 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 63, Wallace Road, Grays is in very good condition we estimate a sale value of £469,962 and a rental value of £2,174 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £416,252 and a rental value of £1,926 per month.
Over the last 12 months the sale value of 63 Wallace Road Grays has decreased by an estimated £917 (0.2%) and its rental value has increased by an estimated £41 per month (2.0%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 63, Wallace Road, Grays sits on a plot of 448m2.
We have plot size data on 23 out of 36 other houses in the postcode and 63, Wallace Road, Grays sits on the 3rd largest plot.
According to HM Land Registry, 63, Wallace Road, Grays was last sold on 6th March 2008 for £264,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2008, the market for similar properties has risen 87.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, Wallace Road, Grays within a radius of 640 metres over the last 2 years.
The most recent example is 46, Wallace Road, Grays, RM17 5AZ, a freehold house which sold for £370,000 on the 14th June 2024.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wallace Road, Grays, RM17 has a total of 130 addresses. According to our analysis of all the public data, 63, Wallace Road, Grays is the 7th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £135k more expensive than the average property in RM17.
The closest station to 63, Wallace Road, Grays is Grays station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 63, Wallace Road, Grays, 35.0% of property is socially rented and 32.5% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 63, Wallace Road, Grays, 26.5% of residents are recorded as possessing school level qualifications and 23.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 63, Wallace Road, Grays, the average age was 40.8 and the most common age was 12.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 63, Wallace Road, Grays, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 63, Wallace Road, Grays, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.